Spector's Clothing, which has operated for more than 95 years, will close at the end of the month, owner Robert Kayne said Friday.

The store, which moved to Colonie Center from Central Avenue in 2004, was started in 1918 by Harry Spector, father-in-law to Harvey L. Kayne, father of the current owner, who ran the store until his death in 1987.

On Friday, Kayne said he was preparing to send out his final mailing next week, announcing the going-out-of-business sale.

"We just want to thank everybody for all the support we've had," Kayne said.

He said the store filled a niche with its better-quality shoes and clothing from such manufacturers as Allen Edmonds and Hickey-Freeman. It also provided good service and tailoring, he said.

"We carried the best in every area," Kayne said. "There are very few stores like us left in the country."

In an interview 10 years ago just after the store relocated to Colonie Center, Robert Kayne said remaining on Central Avenue for so long had left him in a financial hole.

"I borrowed $1.5 million to remodel the building downtown," he said Friday. "I sold the building for a lot less."

Spector's eventually followed other stores to a suburban shopping mall, in this case Colonie Center.

"We took a chance to move uptown," he said. Since his arrival, Colonie Center has had four different owners, he said, and Spector's has had three different locations within the mall.